Trump slaps tariffs on Mexico, Canada and China

U.S. President Donald Trump has signed orders imposing 25% tariffs on imports from Mexico and Canada, and a 10% duty on China, with a lower 10% tariff on Canadian energy resources. The tariffs are intended to address immigration and drug trade issues, with the potential for escalation if the countries retaliate. Trump’s administration cites public safety concerns, particularly related to fentanyl, as a driving force behind the tariffs, despite economists’ opposition to such measures.

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